Evaluation of the Efficiency of Expenditures of Non-Financial Enterprises by Economic Activities in Bulgaria
Evaluation of the Efficiency of Expenditures of Non-Financial Enterprises by Economic Activities in Bulgaria
Author(s): Michal StojanovSubject(s): Economy, National Economy, Financial Markets
Published by: Съюз на учените - Варна
Keywords: efficiency of expenditures; non-financial enterprises; economic activities; Covid-19
Summary/Abstract: In the conditions of continuously changing market environment, the business agents are looking for working strategies and tools for improving the use of resources and achieving the desired economic and social effects. The paper evaluates and critically analyses two key metrics for measuring the expenditure efficiency of non-financial enterprises in Bulgaria by selected groups of economic activities and total for 2010 and 2019. The study confirms that certain economic activities of the national economy perform superior than others, which in comparative and dynamic aspect, confirms the ability of some economic agents to perform better in terms of optimization decisions for resource allocation, additionally is validated the logical relation of higher revenues from the activities of economic operators are caused by higher costs/expenses and vice versa.
Journal: Известия на Съюза на учените - Варна. Серия Икономически науки
- Issue Year: 10/2021
- Issue No: 1
- Page Range: 133-140
- Page Count: 7
- Language: Bulgarian